News for BFSI
Thursday, March 01, 2012
Provident Financial Saves £350k on Software Licences
Loan provider Provident Financial has enagaged Business Continuity Services' Software Organiser to manage the software licences for its 3,500 desktop computers, which it hopes will save around £350,000 in licensing fees.
Peter Sloane, IT manager at Provident Financial said: “We were able to review our licence position and realise that, in some cases, we've overbought in the past. New people come and people go, and new pieces of software come in, so it is a constant management process."
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Wednesday, February 29, 2012
Outsourcing Yearbook eBook launched
sourcingfocus.com is proud to announce the launch of The Outsourcing Yearbook 2012.
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Tuesday, February 28, 2012
Business and Professional Services Sector Performing Better Than Expected, says CBI.
Despite the tough marketplace of the past quarter, numbers employed in Business & Professional Services grew (+10%) for a fourth quarter running, defying expectations of a decline (-11%). Firms expect headcount to continuing rising at a similar pace in the coming three months (a balance of +8%).
And the slowdown is not as rapid as previously predicted. Over the past three months business volumes declined at a slower pace (-11%) than had been expected (-20%). The decline in business values was more marked (-31%).
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Monday, February 27, 2012
CIO s Role to be Short Lived, say CFOs
43% of senior finance professionals in the UK believe that the CIO role will merge with the CFO role, says a study by IT services provider Getronics.
17% of the finance professionals thought that the CIO role would disappear altogether, in the wake of the trend that 77% of CFOs have claimed greater responsibility for IT decisions in the last 12-24 months.
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IT Integration Saves Lloyds TSB (and therefore the taxpayer) £2bn.
Integrating IT across its multiple brands has allowed Lloyds TSB to save £2bn.
After taking over Halifax Bank of Scotland’s operations in 2088, the new system went live in 2010. This involved the migration of some 30 million accounts.
“This was an immense exercise involving the migration of approximately 30 million customer accounts and these platforms will now provide the foundation for the Group’s transformation plans,” said an official statement.
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Wednesday, November 23, 2011
High Street Banks Go To Cyber War With FSA
The FSA is launching cyber attacks today, in a bid to test out the hardiness of 87 firms’ business continuity plans, prior to the Olympics.
The firms – including high-street banks Barclays, LloydsTSB and HSBS – have volunteered for the scheme. The attacks will replicate widespread technical disruptions, such as cutting off internet access and phone lines, and failures among cash machine networks.
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Wednesday, July 20, 2011
Barclays standardises on Infoblox
Barclays Capital, the investment banking division of Barclays Bank, is rolling out a new IP address management (IPAM) platform globally.
Barclays has chosen to standardise on an IPAM platform produced by Infoblox, which simplifies IP address management and helps automate network infrastructure-related tasks.
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Friday, July 01, 2011
HSBC announces 700 job cuts
HSBC has announced it is to cut 700 UK jobs.100 of the roles are being cut are in IT operations and back office functions such as HR, finance and compliance.
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Wednesday, June 29, 2011
CSC Launch Bizcloud in UK
CSC’s on-premise cloud solution – BizCloud - is being launched in the UK, Germany, Italy and Spain. It will be rolled out to Nordic countries in September or October.
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Friday, June 24, 2011
Swiss Bank UBS To Cut 500 Jobs
Swiss banking giant UBS is to cut 500 jobs from its worldwide operation.
As part of a cost cutting drive, around 180 jobs will be lost in Switzerland, 90 in the USA and the remainder from the UK and Asia-Pacific. The total represents marginally less than 6% of UBS' 8,700-strong total IT workforce.
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